The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-02-01

LOOK IN the STOCK market was SHOWN
today BY period OF dullness which
has seldom been exceed ID. There
was some act viiy in toe frs hour and
in the la. t hour and a quarter, but in
the intermediate time the traiiDg was
too dull to admit of any perceptibe
movement in values. The execution
OF tie orders accumulated over the
holidays and rome slight buying for
London sccount gave early trading an
appearance CT animation, but the mar
ket was pie-eminently a waiting one
until toward 2 o'clock p.m., when 1t
was announced thai the eight han:
dlers upon the Pennsylvania railroad
had demanded an increase in wages,
failing which, they would go
out tom 1Irow. At the same time
news was received from Washington
that the President had decided to
sign the intersia'e commerce bill and
rnmors Of further political troubles in
E rope. The bears seizsd tia oppoI-
tunity to raid the market, which sui
denly sprang from extreme dullness
to modeIats activity, and material de-
clines were made over the whole lit.
though Erie and the coal stocks were
the principal suff srers. A further al
vance OF J par cent. in sterling ex'
change rates, which ia supposed TO be
against sales OF securities Tor foreign
account, aided the d cline. FIRST
prices sho we'd irfegu ar changes from
Saturdays final figures, which, how
ever, wera for smau frscuons either
way. A few slight advances were
made in the early dealings, bui prices
soon Welded, and, under the lead OF
jersey Central, Lackawauns and
Richmond and West Point, ehowed
ma erial declines during the tirst hall
hour. The market the eafEeT Was ex.
tremelv dull, without features of
any kind, and but Insignificant
changes 10 gu tations until shorty
before 2 O'Clock pm, when
the bear raid infused some NE
into the transactions. A decided break
took place before 2:l5 O'Clock and
later the market sagged of small
fractions ia addition and closed weak,
generally small fractions betsr than
The lowest figures of the day. Sales,
300 444 shares. Everything on the
active lit is lower, Tenn assee Coal
losing "a; Richmond and West Point,
IL; Jersey Central, 1t; Lackawa1na
aud Canada Southern, Ii. Railroad
bonds were Inclined to weakness es
pecially in the forenoon, Knoxville
and Ohio ftsle, however, were con-
spicuous for strength. Erie seconds,
consols, sold 1853 600 and Nickel Plate
trust receipts $l95, 600 out OF tota,
days business of 81, 292,OCO. Final
prices generally show changes OF small
fractions only. Central Iowa tirsts,
coupon off, gained 8, at 80; Knox
Vile and Ohio frs 8 p at 49,;
Nickel Plate seconds a. %;
Norfolk and Western Improvement
Ga 2. at lO2, and Texas Central tirsts nf
1895 "a, st 77A. Mobile and Ohio new
!, declined A, al 100, and the first &C.
bentures "a, at 90. Miniog shares
WIRE dull and lower, c'oJiDg at the
following prices bid: Bulwer, l /; Gale
donna. Black Hi Is, 1870; Home Stake,
$50; Horn Silver, las; Hale and Nor
cross, $50; Mexicao, 4j0; Mono, 235 ;
Sierra Nevada, 4; Standard. l2O; Saw
age, 5; sutro Tunnel, Is; Union Con-
soidsted, 800.
Petroleum opened weak a. TO-, sd-
yanced to 70lc, declined 10 69f and
close at that. Sales, l,59S,0O0 barrels.
The total Gales OF stocks today were
22p,444 shares, including Delaware,
L,cxawanna and Western, 32,450;
e lie, l6 Gil; L IKE Saore, $40; Louis
vile and Nashville, 400; Manhattan
C)ps ,lidst I'd, 7707; New jersey Cen
tral. 10 900; Northern P acific preferred,
1920, Reading, 1920; st. Paul, l5,-
4S5; Uniou Pacific, 5000; Western
Union, 1850. Closing quotations:
GOVERNMENTS.
II. 8, 3s, 100. As, coup, ~
as, coup, l1OL Pacific 6s of 1885, l26.
La. stamps, As, 81. Missouri 6s, ltO1S:
Cent. Pac. lists, ii4. Den, & R. 9. lists, 1l9.
DIR. c, w .lsts,7i. Eric Eds, 951s.
NIX. 1T. Gen IS, 9sA North. Pac. lsts, ll6
North .Pac, 2ds, los. N. Western con. l42;
INVEST. del. 5s,llO. St.L.S.F Gen. NJ 1881.
81. paul con, I2S%. St.P. C. &P lists. lis.
TIP. land grants,60. T.P. ;H.ex con; IL
II. p. lists, ll456 West Shore, 1927.
Tenn IS, set mt, 1859. Tenn.0s'set mt VIVA
Ienn. 3s,set'mt, 1928.
STOCKS.
Adams Express, AZ Morris&E., Off 1891
EiIeSheny Cent'I,-. Nashville 4 G, sou.
Alton Il +. H., 81. N.J.Central, 6iA.
A. Il i. H.,gfd., 10. Nor:& 'bio,499;ei
a. @. R.&N, As. Northern Pac pfd, 56E
Canada Pac., 63 C.& W,di%s:o
Canada Sou, So. C;&N:W .pl1 ,ISo;
Central Pacific, SO NY Central ,lll2S.
Sn9 4 e. ist pfd, i5H. NY. Est L.pfd,2O.
G; 4 0. I'd Pfd, 10. Ohio GenHt;r EXTRA o1I
CT Aspid, ls5. GA Miss, pfd, 9211s.
g. g. & g. 7sy S Sataal@S ay w. ~
n C. St.L.&P.,17. Oregon Trans, 30.
n O. ST, L& /. pfd, 36H Oregon Imp, 81.
i @. S. &c. so. Pacific Mail, %.
Z. = r. f. Valley Va s.. PEORIA D. 4 e.. SS9S.
Dol. q Hud., 10lM. Pittsburg, l6l. ,,-,>
Del, L. & W, 1881. Pullman PC, 1451a.
Ren G sS u ~ ROCK Island 'i24zS.
Erie MD, 66%, St.L. Il ST, 29%.
New East Tenn. ,1SA. St.L. &S.F ptd' %;
NewE. Tenn. pfd,7l. St.L. rs; F.lSt PLY; Sll1'
Fort Wayne, l45 q. N. 81; r., oiz2'
Hannibal st, Jo.-. 9. M. 81. p ~;
H.& St.Jo., pfd, -. e. F., n; q M, liias573
Houston h IT., 39%. St.Paul 4 o. pfd, 1862
Illinois Central, 1872. Tenn. Coal& Iron; 4o1a
Ind, B. 4 W., AZ. Texas Pacific, 2219.,
Kansas & II, 2S3s. Toledo & o. Cen. p5S.
Lake &. &W, IS. Union Pacific, 56A.
Lake Shore, w. U. S. Express, 81
Lou. d Nash, ii. W., s. L q P, 1874
Lou. L N. A., SIS. W.,S.L. &P, p, %.
M. Il O. LIST pfd, -. Wa Ex.. US.
M. 4 G. secouds.-. W. U. Tel, M.
Mem. & Char 4, IS. Colorado Coal, S6A.
Mich. Ger. ,T, Home Stake, 13la.
Min a 81. h., l71b Iron Silver, 240.
Min. 4 St. d. pfd,4l. Ontario, "a.
Missouri Pacific, l055S. quicksilver, 64,,o,>
Mobile a Ohio, Is Quicksilver pfd, 300
NILS. wv, g.. South Pacific
M,L.S.& W .pfd,9719. Sutro' ~.
LONDON, January 81, 4 p, m.-Con
SOS 100 1S-l6for both money aud thu
account. U, s. bonds, AZ, 1871; A, q
G. w firSts, 45. Toe amount OF bu'
lion gone into the Bink of England
on balance today is e3170OO.
BANK oIEARIEGs.
| Gu cAGo, ILL, January 3l,-BInS
clearipgs, 81 $4,000.
PARIS, January 3l-Three per cent
1 rsntes, 79i, 371c for the account.
NEW ORLEANS, La, January 3D.
! @ earrings Of the banks, 81 1924, 75l.